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Businesses throughout Florida should be aware of consumer statutes that provide remedies to consumers and impose liability to businesses, even for small technical violations. A person attempting to collect his or her “own” debt, is not a debt collector under the FDCPA. Florida ConsumerCollection Practices Act (FCCPA).
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The rules cover loans on principal residences, generally exclude small servicers, and will take effect on August 31.
The appeal arose from a lawsuit brought by two Florida homeowners (“Debtors”) against their home loan servicer (“Servicer”) for alleged violations of the FDCPA and Florida’s ConsumerCollection Practices Act. After defaulting on their home loan, a foreclosure suit was instituted. to be paid in one year.
Attorneys and other entities that regularly engage in collection work for community associations may be subject to the requirements of the Fair Debt Collection Practices Act, 15 U.S.C. as well as analogous state laws governing the consumercollection process. The issue in Ho v. ReconTrust Co., 3d 568 (9th Cir. filed (U.S.
The Florida ConsumerCollection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA) are two pro-consumer statutes. Florida’s ConsumerCollection Practices Act (FCCPA) Part 1: Understanding the FCCPA (jimersonfirm.com) . Jimerson Birr (jimersonfirm.com).
Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumerloan servicing and debt collection. This Bulletin serves as an update to that non-exhaustive compilation of information.
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Federal Activities: On July 30, the U.S. Department of Agriculture, U.S. Department of Housing and Urban Development, U.S.
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. For more information, click here. On June 25, U.S. For more information, click here. For more information, click here.
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